Important changes to director ID obligations

July 15, 2026 By OBT Financial Group Gatton & Esk

From 1 July 2027, new laws will require companies to provide director IDs to ASIC

Learn what is changing with ASIC’s new director ID reporting requirements from 1 July 2027, what companies need to do, and the steps you can take now to prepare.

How the director ID changes will work

Companies will need to provide director IDs to ASIC through company reporting processes, including the annual review or when notifying changes to directors’ details.

Over time, the companies register will display whether a company has provided director IDs for its directors.

The changes will:

reduce the risk of fraud and identity misuse
improve the accuracy of company records
make it easier to identify company directors
improve the quality and usability of registry information.

Further information and guidance will be provided before 1 July 2027.

What to do now?

Check your company and director details are up to date. New laws from 1 July 2027 will change how director information is recorded.

Keeping your details up to date now will help avoid delays or issues later. Take a few minutes now to make sure your details are correct:

check your company details are up-to-date
confirm all current directors are listed
update any incorrect names, addresses or contact details.

Find out more about director ID compliance

This update and the ASIC website reflect the latest ASIC information and guidance. ASIC will continue to provide information and guidance ahead of 1 July 2027.

Because of the in-depth way in which we work with business owners, we only take on a select number of clients allowing us to concentrate on the following six business conditions:

Increasing your profitability
Improving your cash flow
Focusing on growth
Protecting both personal and business assets
Preparing your business for succession or sale, and
Wealth creation for your retirement

Call us to see how OBT Financial Group can help your business. Or, to find out more about how OBT helps businesses, read our client case studies and our client testimonials.

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